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Applied Materials (AMAT -1.8%) sells off after guiding for FY12 (ends in October) revenue of...
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Wednesday, March 28, 2012, 11:13 AM ETApplied Materials (AMAT -1.8%) sells off after guiding for FY12 (ends in October) revenue of $9.1B-$9.5B and EPS of $0.85-$0.95 ahead of its annual shareholder meeting; the figures are below a consensus of $9.6B and $0.96. The chip equipment giant, which was up 20% YTD, blames ongoing weakness in its display and solar equipment businesses. (yesterday)
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